Wealthsimple is hiring a Quantitative Trader in Toronto!
Wealthsimple is hiring a Quantitative Trader in Toronto to join its Capital Markets team, the group responsible for market-facing trading operations and execution across client and firm orders. The role sits at the intersection of research, algorithm development, and live trading: you will investigate market behaviour, test ideas through simulation, turn validated findings into automated trading logic, and oversee those systems in production. This is a hands-on opportunity for someone who enjoys owning outcomes, building new tools and pipelines, and working closely with engineering, data science, operations, and product partners in a hybrid environment.
Key responsibilities
- Research market microstructure, liquidity, and price behaviour, then build quantitative models that explain and forecast market moves
- Analyse order-flow characteristics such as toxicity and activity classification to improve routing, execution, and risk decisions
- Create trading algorithms that generate and route orders, and collaborate with engineers to deploy them into production
- Monitor and manage daily operation of algorithmic trading systems, adjusting as market conditions change
- Build and maintain simulation frameworks that test algorithm performance against historical data
- Work cross-functionally with engineering, data science, operations, and product teams to support trading outcomes
Key requirements
- 3+ years in quantitative trading, quantitative research, algorithmic trading development, or a closely related capital markets role
- STEM degree from a leading institution
- Strong Python scripting skills
- Solid grounding in statistics, probability, stochastic processes, and quantitative methods
- Understanding of Canadian equity market structure
- Familiarity with low-latency trading technologies and methodologies
- CIRO trader registration is an asset
- Seniority: Mid-level (3+ years)
- Work mode: Hybrid
- Key skills: Python, Statistics, Probability, Stochastic processes, Quantitative modeling, Canadian equity market structure, Low-latency trading, Algorithmic trading, Simulation frameworks, Order flow analysis
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